COFCO Group controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2025
Zhou Zheng sentenced to 12 years at first instance for embezzlement, bribery, and abuse of power
On January 14, 2025, the Yuncheng Intermediate People's Court sentenced Zhou Zheng, former deputy general manager of COFCO Group and former chairman of Joy City, to 12 years in prison at first instance. The court found that he accepted bribes of more than 6.05 million yuan and embezzled more than 2.41 million yuan, and that abuse of power by a state-owned company employee caused losses of more than 101 million yuan.